Middle East Economic Survey


No 17


Chinas Crude Oil Imports Total 21.06Mn Tons In March

Chinas crude oil imports for March totaled 21.06mn tons (4.96mn b/d), according to data released by Chinas General Administration for Customs. The figure is 13.8% above the February import figure of 18.51mn tons and 29.2% above March 2009 crude oil imports of 16.30mn tons. The rise in imports has been attributed to rising domestic consumption and increased diversion by refiners of...